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Irish beef finisher Willie Boland says the margin over concentrate cost is 20c/kg higher than a year ago, with concentrates near €400/t and beef near €5/kg. However, rising fuel and fertiliser costs are eroding net margins, and meal markets have become highly volatile.
Higher concentrate and meal prices, driven by grain supply disruptions, squeeze feed margins even as beef prices rise, which affects purchasing decisions for feed buyers in Europe.
agriland.ieMegan O'BrienMay 11, 2022Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
